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Nestle India unit’s profit beats estimates on higher demand

BENGALURU/CHENNAI (Reuters) -Nestle India reported a bigger-than-expected increase in its quarterly profit on Thursday, as it benefited from higher product prices and demand for its packaged food

FSSAI in process of collecting pan-India samples of Nestle’s Cerelac baby cereals: CEO

New Delhi, Apr 25 (PTI) Food safety regulator FSSAI on Thursday said it is in the process of collecting pan-India samples of Nestle's...

Looking forward to speed up greater economic cooperation with India: Sri Lanka Prez Wickremesinghe

Colombo, Apr 25 (PTI) Sri Lanka is looking to accelerate greater economic cooperation with India with the tourism sector taking the lead, the island...

Kotak Mahindra Bank share tanks 10% after RBI bars on boarding customers digitally

New Delhi , April 25 (ANI): The shares of Kotak Mahindra Bank fell around 10 percent after RBI barred the bank for on boarding...

RBI directs banks for greater vigilance on forex trading and report unauthorised trading to ED

Mumbai (Maharashtra) , April 25 (ANI): The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading...

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

“Successful FPO marks the beginning of Vodafone-Idea 2.0” says Kumar Mangalam Birla

Mumbai (Maharshtra) , April 25 (ANI): The successful completion of the Rs 18,000 crore follow-on public offer (FPO) marks the beginning of Vodafone Idea...

Kotak Mahindra Bank shares tank 13 pc; mcap erodes by Rs 37,721 cr post RBI action

New Delhi, Apr 25 (PTI) Shares of Kotak Mahindra Bank on Thursday tanked 13 per cent after the RBI barred the firm from onboarding...

Fundraise of Rs 18,000 cr fresh lease of life for Vodafone Idea: Kumar Mangalam Birla

Mumbai, Apr 25 (PTI) Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said the Rs 18,000-crore fundraise by Vodafone Idea is a...

Stocks hit by tech slide; yen flails at intervention zone

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per

On Camera

Phase 5 is crunch time for BJP—UP will boost INDIA, Maharashtra will clear up real vs fake

Just like Phase 3, in this round too, the NDA stands to lose ground due to the sheer number of seats it had won the last time — 39 of the 49 seats, of which the BJP alone had won 32.

What’s geopolitical recession? World seems to be heading for one

The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?